1415 5th Ave, Seattle, WA 98101

Commercial · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: high-rise hotel, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 1,256 reachable commercial buildings in Seattle. Larger than 97% of commercial buildings in Seattle (median 13,352 SF), derived from assessor records.

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Building size: 332,067 SF, King County Assessor
Lot size: 29,640 SF, King County Assessor
Year built: 1973, King County Assessor
Stories: 19, King County Assessor
Predominant use: Motif Seattle, King County Assessor
Assessed value: $111,038,800, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $334.39/SF, derived from assessor records
Lot coverage: 1120%, derived from assessor records
Vintage: 1970s vintage
Zoning: DRC 85-170, King County
County use code: Hotel/Motel
Construction (observed): steel glass, AI estimate from public imagery
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

1325 6th Ave, Seattle · 0.1 mi · 303,388 SF · built 1930 · assessed $197.83/SF
1401 3rd Ave, Seattle · 0.1 mi · 52,549 SF · built 1926 · assessed $350.51/SF
1400 6th Ave, Seattle · 0.1 mi · 1,083,207 SF · built 1982 · assessed $334.01/SF
1301 3rd Ave, Seattle · 0.2 mi · 284,100 SF · built 1998
619 Pine St, Seattle · 0.2 mi · 98,634 SF · built 1930 · assessed $480.80/SF
315 Seneca St, Seattle · 0.2 mi · 36,240 SF · built 1926 · assessed $290.61/SF

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Sale history and market context

MakeMe Estimate: $95,173,457 (estimated market value), with a likely range of $80,649,790 to $115,150,816 (half of recent verified sales in this segment landed inside that range). Based on 34 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2018-01-30 for $132,800,000 (recorded arm's-length sale).

Current ownership dates to 2018 (about 8 years) per recorded transfers.

2018-01-30: $132,800,000 from Seattle 1415 Hotel Owner LLC to 1415 5th Avenue Seattle LLC, rec. 20180201000926

2014-06-19: $126,933,978 from Lei Ag-Seattle LLC to Seattle 1415 Hotel Owner LLC, rec. 20140619000973

2011-06-14: $63,700,000 from Whc809 LLC to Lei Ag-Seattle LLC, rec. 20110614001622

2 administrative transfers (no consideration), 1997 to 2001

1995-06-27: $18,250,000 from U S Bank of Washington to Inn on Fifth Avenue Associates L P (non-market transfer), rec. 199506290393

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $25,289,900 (2011) to $111,038,800 (2026), up 339% over 15 years, per county tax rolls. The 2026 roll splits $111,038,800 into $29,640,000 land and $81,398,800 improvements.

Zoning: DRC 85-170 (per King County)

Lot: 29,640 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Hotel, Full Service Upper Upscale 254,081 SF; Basement, Parking 59,280 SF; Office Building 8,755 SF; Restaurant, Table Service 7,200 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2026-02-11: Electrical, permit 7128878-EL

2025-12-18: Electrical, declared value $4,000, permit 7121923-EL

2025-09-16: Electrical, declared value $2,000, permit 7107088-EL

2025-09-15: Electrical, declared value $9,500, permit 7106824-EL

2025-08-18: Electrical, declared value $500, permit 7102187-EL

2025-07-31: Electrical, declared value $5,000, permit 7099293-EL

2025-07-24: Electrical, declared value $500, permit 7098004-EL

2025-06-18: Electrical, declared value $5,605, permit 7091875-EL

2025-06-12: Electrical, declared value $897, permit 7090877-EL

2025-05-05: Electrical, declared value $59,536 (Revisit), permit 7083993-EL

Source: King County permit records (newest first).